Dalle infrastrutture ai minerali strategici: una mappatura dei capitali cinesi in Marocco (2004-2024)

Congiu, Francesca

2025-01-01

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Abstract

This paper maps and analyzes Chinese capital flows into Morocco between 2004 and 2024, drawing on data from the China Global Investment Tracker (CGIT), the Chinese Loans to Africa Database, and AidData, complemented by secondary sources. The study quantifies the scale of these flows and identifies the main sectors and actors involved, both Chinese and Moroccan. While early engagements centered on infrastructure projects funded by state banks, more recent years have witnessed a shift toward direct investments by both state-owned and private Chinese companies, particularly in renewable energy, critical minerals, and the automotive industry. Morocco emerges not only as a destination for Chinese investments but also as a strategic hub providing access to European and sub-Saharan markets. These dynamics highlight how Chinese capital intersects with Morocco’s industrial policies and resource governance, reshaping regional economic balances and linking the country more closely to global value chains.